Sure, but FDIC insurance is per depositor, per insurable account category, per institution. Someone with three different savings accounts at the same institutio

Sure, but FDIC insurance is per depositor, per insurable account category, per institution. Someone with three different savings accounts at the same institution each with less than $250k individually but more than $250k total still only gets $250k in insurance. EDIT: I'm not saying the system can't, for a lack of a better word, be gamed, but ultimately that requires action on the depositors end, not necessarily the bank(s). EDIT 2: Which means that any balance over that 250k in the same category would, in theory, count towards an institution's uninsured deposit balance.